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Duplex on a Corner Lot
New
For Sale
$499,900

3302 T ST, Vancouver, WA 98663

Two separate sides allow an owner to occupy one residence while renting the other.

Property Size1,920 SF
Days on Market5

Property Features for 3302 T ST

General Information

Standard status Active
Size 1,920 SF
Property subtype MULTI_FAMILY

Taxes and HOA fees

Annual Taxes $4,438

Building Details

Building Size 1,920 SF
Year Built 1979
Listing Agency: Keller Williams Realty
Listed By: John Rose · License #25225
Source: Currangrouprealtors
Added: Oct 4 Last Checked: Oct 7 at 4:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty

Investment Insights

Based on property information with market context.

This 1979 duplex has two separate sides, offering the option to occupy one and rent the other or use both for multigenerational living.

The property sits on a corner lot in Vancouver’s Rose Village neighborhood, beside Ida Bell Jones Park.

Key Highlights

  • Two‑sided duplex configuration
  • Built in 1979
  • Corner lot in Vancouver’s Rose Village neighborhood

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,654
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,080 $513.1K
Cap Rate 7%
$366,486 $366.5K
Cap Rate 9%
$285,044 $285.0K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$38.5K $20.04/SF
− Vacancy
−$1.8K −$0.95/SF
EGI
$36.6K $19.09/SF
− OpEx
−$11.0K −$5.73/SF
NOI
$25.7K $13.36/SF
Area
Vancouver, WA
Vacancy
4.75%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,080
Cap Rate 7%
$366,486
Cap Rate 9%
$285,044

Alternative Uses

Best Use
Multifamily LT 5
$366.5K
$320.7K – $427.6K (±1% cap)
NOI $25,654 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$318.2K
$278.4K – $371.2K (±1% cap)
NOI $22,271 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$469.8K
$411.1K – $548.1K (±1% cap)
NOI $32,884 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Barber Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

440
Businesses Nearby

Demographics for 98663, WA

15,188
Population
6,753
Households
2.2
Avg Household Size
39
Median Age
32%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
3,704
Density / Sq Mi
$84,590
Median Household Income
$47,747
Median Earnings
$1,538
Median Rent
$430,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate sides allow an owner to occupy one residence while renting the other.
Where is this duplex located?
The property is located at 3302 T ST Vancouver, WA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two‑sided duplex configuration; Built in 1979; Corner lot in Vancouver’s Rose Village neighborhood
More about this property
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